Semi Weekly South Kentuckian

Another story about land speculation in the west is worthy of relating. It happened that a land scheme was organized at Los Angeles, and many San Francisco people entered heartily into the enterprise. Among the subscribers was a traveling salesman, whose business chanced to take him to the town in which he had purchased his lot. Desiring to experience the novel sensation of a landlord, he determined to survey his property. The plans were got out, and to his horror he found that the lot he had purchased was situated one hundred yards from the shore, and that the Pacific ocean was at present in full possession of his claim. This was too much to be borne. He went back to San Francisco and sought the agent who had so badly tricked him. That official received him with bland urbanity and listened to his explanation with an amused smile. "My dear boy," said the agent, after he had finished the recital of his wrongs, "your land is all right. At present, it is true, the ocean covers your very desirable lot; but consider, sir. the Pacific ocean is receding from the coast at the rate of two inches a year, and in about 500 years your property will be the finest in the state. Good morning." The agent is lying yet.-Philadelphia Times.